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Insolvency Watch

Shark Patrol's Insolvency Watch monitors the world wide web in New Zealand for liquidations, receiverships, bankruptcy news as well as reports of convictions of fraud and other 'white collar' crimes'.

However as we also include events such as 'Solvent Liquidations' inclusion on this page does not always mean that the company, the directors and / or shareholders are insolvent.

For the price of a cup of coffee, many owners of small and medium-sized businesses could save themselves a lot of grief – and money – if they happen to get caught up in someone else’s problems.

It costs only $3 (plus GST) to go online and register a security on the Personal Property Securities Register (PPSR), ensuring that when a business goes bust, you will move up the queue of creditors.

Read the full article by Karyn Scherer on line >>> NZ Herald – nzherald.co.nz